INTERNAL CONTROL SYSTEM IN MANUFACTURING INDUSTRIES

(A CASE STUDY OF LIFE BREWERIES LIMITED ONITSHA)

By

NWADILIORAH ADA C. AC/H2002/177

Presented To

Department of Accountancy

    INTERNAL CONTROL SYSTEM IN MANUFACTURING INDUSTRIES (A CASE STUDY OF LIFE BREWERIES LTD ONITSHA)
There is a need for strong internal control system in manufacturing organization to make sure that organization assets are safe guarded.
    Considering the importance of internal control to life Breweries limited Onitsha the researcher deems it necessary to study the effectiveness of internal control.
    Officers of the organization were interviewed and their records were also examined related tools were also reviewed by the researcher.
    The researcher revealed that the organization applies internal control measurers though weak, because of the nature of human beings.
    The researcher recommends that the company should review their operation, measure applied and improve in their system of internal control by training their staffs and changing the corrupted ones.
 

TABLE OF CONTENTS
Title page                                    ii
Approval page                                iii
Dedication                                    iv
Acknowledgement                                v
Abstract                                    vii
Table of content                                viii

CHAPTER ONE
1.0    Introduction                                1
1.1    Background of study                        5
1.2    statement of problem                        6
1.3    Purpose of the study                        6
1.4    Significant of the study                        7
1.5    Statement of hypothesis                        7
1.6    Scope of the study                            8
1.7    Limitation of the study                        8
1.8    Definition of terms                            9

CHAPTER TWO        
2.0    Review of related literature                    11
2.1    Introduction                                11
2.2    Internal cheek and internal audit                14
2.3    Internal control in manufacturing industries            24
2.4    Delegation of duties                        29

CHAPTER THREE
3.0    Research design and methodology                33
3.1    Sources of data                            33
3.2    Sample population and size                    34
3.3    Method of data collection                    34        
3.4    Sources of data                            35
3.5    Description of questionnaires                    36
3.6    Method of data analysis                        37
3.7    Method of typing hypothesis                    38

CHAPTER FOUR    
4.0    Data presentation and analysis                    40
4.1    Data presentation                            40
4.2    Interpretation of data                         48
4.3    Analysis of data                            50
       
CHAPTER FIVE
5.0    Summary of findings, conclusion and recommendation    55
5.1    Finding                                55
5.2    Conclusions                                56
5.3    Recommendation                            56
Bibliography                            58    
Appendix (ices)                            60